9 Area Companies Spotted On Inc. List

August 26, 2011 Updated Aug 26, 2011 at 7:56 AM EDT

By WKBW News
By Business First - by Tracey Drury

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9 Area Companies Spotted On Inc. List

August 26, 2011 Updated Aug 26, 2011 at 7:56 AM EDT


Nine Western New York companies in half a dozen sectors are ranked in the 2011 Inc. 5000, the annual list of the nation's fastest-growing private companies.

The list, announced this week, ranks companies by a three-year growth rate, as well as within their own sector. Local honorees include:

• KegWorks.com of Buffalo, ranked No. 2783 overall and No. 127 in the retail category, with 2010 revenues of $6.5 million and a three-year growth rate of 79 percent.

• Synacor of Buffalo, ranked No. 3060 overall and No. 212 in the software category, with 2010 revenues of $66.2 million and a three-year growth rate of 66 percent.

• Buffalo Filter of Amherst, ranked No. 3587 overall and No. 319 in the health category, with 2010 revenues of $12 million and a three-year growth rate of 46 percent.

• Audubon Machinery of North Tonawanda, ranked No. 3617 overall and No. 130 in the manufacturing category, with 2010 revenues of $8.4 million and a three-year growth rate of 45 percent.

• Liberty Pumps of Bergen, ranked No. 3745 overall and No. 133 in the manufacturing category, with 2010 revenues of $43.7 million and a three-year growth rate of 40 percent.

• Upstate Pharmacy of West Seneca, ranked No. 3970 overall and No. 359 in the health category, with 2010 revenues of $39.4 million and a three-year growth rate of 33 percent.

• Pulse 360 of Getzville, ranked No. 4318 overall and No. 378 in the advertising marketing category, with 2010 revenues of $38.5 million and a three-year growth rate of 23 percent.

• Russell Bond of Buffalo, ranked No. 4647 overall and No. 59 in the insurance category, with 2010 revenues of $5.2 million and a three-year growth rate of 14 percent.

• The Hamister Group of Buffalo, ranked No. 4725 overall and No. 400 in the health care category, with 2010 revenues of $46.3 million and a three-year growth rate of 11 percent.

According to Inc. magazine, the median growth rate of companies on the 2011 Inc. 500|5000 list is 94 percent. The companies on this year's list report having created 350,000 jobs in the past three years, with aggregate revenue of $366 billion, up 14 percent from last year.

Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/5000.

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